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finance and criminal allegations, the whirlwinds rocking rupert murdoch's mighty mediame empire. >>> markets in europe are deep in the red on heels of steep markets across asia. how are things moving where you are? >> down, a third session of losses and quite heavy ones. let's check in with the markets. really quite heavy, off by more than 2%, comfortably more than 2%, and with the paris and zurich off by 2.1%, zurich off by more than 2.1% and the same theme as we saw in monday's session which is the banks very heavily being sold at the moment heavily, there is clearing great deal of worry about the contagion spreading to italy about this moving into a generalized crisis with a lot of banks really coming under pressure with non-performing government bonds on their books, and just one other theme, thomas cook is down on a profit warning, but really the whole worry about italy's finances very much putting all of that in state and look at that on the milan stock exchange we're looking at a punishing session off by 4.25%. let's move on to the currency markets not surprisingly we're
relationship with rupert murdoch's media empire. >> go to used of parliament this morning. fireworks yesterday. the consensus, though, is david cameron is not likely to lose his job over this but that he's under enormous pressure right now. >> reporter: he's definitely is. he's got a lot to defend himself today. basically, this is a special day in parliament. they were supposed to go into summer recess but instead they are having this special address by the prime minister here. he's really going to try to prove a point here, that he's is going to underline the phone hacking scandal, say this is how i dealt with it and now we need to move on. here is how he put it when he was in africa for a trip. >> i don't underestimate the problem. parts of the immediate okay dreadful, illegal acts. police have questionses to answer about corruption and a failed investigation. politicians have been too close to media onus. these are big proximate but we're a big country and we'll solve it. >> reporter: now, the main issue he's going to have to teal with is why he decided to hire andy colson who was later arr
-grabbing word scandal no longer captures what's happening to rupert murdoch's empire. targets as high as the prime minister and the queen and with one of his top lieutenants arrested in london today, this is a moment of reckoning for journalism. is there really any evidence of misconduct here in the u.s.? are murdoch's critics using this crisis as an excuse to vilify him. our guests include the editor of "the guardian." how much is the press being spun by the president and the republicans. i'm howard kurtz. this is "reliable sources." >>> the murdoch media empire is in all-out damage control mode as the scandal at the british papers continues to spread on this side of the atlantic, the fbi opened a preliminary investigation on whether phone hacking took place in the u.s. and the dizzies pace of developments has made headlines around the world. >> mps finally forced murdoch to withdraw his bskyb bid. his empire has cracked, but is it broken. >> following breaking news in london where the embattled chief executive of murdoch's newspaper has resigned. >> news international will issue a s
to the "news of the world" and "the sun" was a part of it. >> thank you. >> miss brooks, rupert murdoch in his evidence session said quite clearly that the responsibility for the closure of "news of the world" lay fairly and squarely with senior management of that paper, which i assume that includes you. is that the case? >> i think -- i think i may have missed that part of the evidence. i think mr. murdoch said it exactly how it was, that it was a collective decision. we all talked together. mr. murdoch was abroad at the time at a conference. we all talked together -- >> is that mr. murdoch senior? >> sorry, yes, rupert murdoch. yes. >> you wanted to say something else? >> no. sorry. >> when you were advising your staff that the paper was closing, during the private session, i think you said something like there was more to come. would you like to expand on what you meant by that? >> when i went down to the newsroom, to explain the decision, clearly and quite rightly, the journalists on the "news of the world" who very honorable journalists who have been putting out a newspaper under the scru
media scandals straight, please? >> if you blinked today, you'd miss something. if rupert murdoch thought getting to the weekend and closing down the news of the world the sunday tabloid read by about 5 million people in this country was going to draw a line in this scandal, he was sorrily mistaken. news today that the prime minister, the former prime minister, gordon brown, may have had information by reporters not from the news of the world, in fact, but from another paper in the same stable of newspapers, that is the news international family. i've just got a tweet from -- from his wife, sara, who said so sad to learn all i am about my family's privacy. it's very personal and really hurt if it's all true. now, the allegations are that reporters from the sunday times newspaper may have tried to get information from his accountants and his banks and tried to get medical records on one of his sons who sadly has cystic fibrosis. really a quite dreadful and scandalous part of a big scandal. wasn't just the biggest guy out there today who may be a victim of this targeting. charles an
.m. on the west coast. i'm kyra phillips. thanks for joining us. >>> rupert murdoch facing new allegations of slesing reporting tactics. two more of his newspapers engulfed in scandal. live images now as two crew members from the international space station begin a lengthy list of chores. >>> cia plot revealed in the chase of osama bin laden. we will tell you about the fake vaccination drive to collect dna samples. >>> we begin this morning with the most powerful media empirs in the world rocked by a scandal that grows deeper and wider. two more of rupert murdoch's newspapers in great britain now face their own accusations of appallinging wrong doing. their report target no less than the royal family and a former prime minister. in fact, gordon brown says the paper had links to criminals in order to hack into his bank accounts. and the medical records of his seriously ill son. meanwhile, members of parliament are demanding tough answers from police. how do they not uncover a hacking conspiracy that could mushroom to thousands of victims? let's get the latest from rivers live in london. the
up to speed for this tuesday, july 12th. >>> calling rupert murdoch to testify about the growing scandal that's engulfed his newsnews empire. senior executives will appear. and parliament also summoned murdoch's son james and former "news of the world" editor rebecca brooks. >>> in london today, the parents of murdered teen milly met political leaders in parliament. salley and bob say the phone hacking investigation nuft look at politician's ties to the media, and dowlers say it fueled this. they were given false hope she was alive. it led to other disclosures of hacking or hacking attempts that reached all the way to the royal throne. >>> well, stocks are treading water today. the dow chips have been moving between positive and negative territory all morning. the dow jones down about 16 points or so. investors are perhaps taking a breather on negotiations over the debt ceiling playing out in washington. >>> president obama says there's a groundhog day feeling at the white house. he and congressional leaders immediate again today to work on a deal to raise the nation's borrowing
outrage over private information that found its way into rupert murdoch's newspapers in britain. let me say for the record that journalists are supposed to dig up information and just because somebody considers something private doesn't necessarily mean it's not newsworthy. but the murdoch scandal centers on alleged illegal phone hacks and bribes to police to get phone numbers, voice mails and documents from literally thousands of celebrities, politicians, members of the royal family, even murder victims. it's cnn's in-depth story of the week. today, former british prime minister gordon brown says murdoch papers got hold of his family's bank records. here's what brown told the bbc. >> i think what happened pretty early on in government is that the "sunday times" appeared to have got access to my building society account, they got access to my legal files, there's some question mark about what happened to other files, documentation, tax and everything else, but i'm shocked, i'm genuinely shocked to find that this happened because of their links with criminals. >> brown's predecessor refl
the last issue on sunday, the scandal hitting rupert murdoch's newscorp. keeps widening. we'll explain. what's this option? that's new. personal pricing now on brakes. tell us what you want to pay. we do our best to make that work. deal! my money. my choice. my meineke. >>> former drug addicts and cancer patients paying tribute to a woman ahead of her time. first lady michelle obama will be among those honoring her legacy. memorial services are scheduled this week, one on thursday at the ford presidential museum in grand rapids, michigan but the first is being held tomorrow in palm desert, california. straight to sandra indoe who's there and joins us now. when you talk to people, do you get a sense betty ford touched their lives by simply being betty ford? >> absolutely. that's it. people who met betty ford say she was so real. she's real and outspoken. for a lot of the residents, she and joe ford were long-time parishioners at the church behind me. that's where the first of two memorials will be held tomorrow. a lot of the residents say remember her for her vivacious character and her
. but the hacking scandal tainting rupert murdoch's media empire keep exploding. two more murdoch newspapers now accused of trying to tap into the personal information of a former british prime minister. and pakistan's reaction to news that the united states government is cutting millions of dollars in military aid. i'll talk to the country's ambassador to the united states about the growing tension and the impact on the war on terror. i'm wolf blitzer. you're in "the situation room." the federal debt is soaring high or above the limit almost by the second. and president obama is vowing to hold daily negotiations to raise the ceiling if that's what it takes. another round of talks broke up just a little while ago without repeat any break through. with 22 days left the president says he won't accept the stop gap plan to prevent america from defaulting on its debts. he used a news conference this morning to challenge both parties and to lay down some markers. >> i will not sign a 30-day or a 60-day or a 90-day extension. that's just not an acceptable approach. and if we think it's going to be hard
're digging into tonight. the scandal that won't go away. in britain, new allegations against rupert murdoch's news corp. is the sun about to set on his empire? >>> is she after the white house? i'll talk to the man who wrote the book on sarah palin. he said if she decides to run, she'll win. >>> then pulling the plug on pakistan. we're holding back hundreds of millions of dollars in aid. will that make them a better ally or push them into the arms of our enemy? >>> joining me now from capitol hill to discuss the top story we've been talking about, is cnn congressional correspondent kate bolduan. have they had any breakthrough in the negotiations? they just talk, talk, talk. >> i often feel like i'm repeating myself. we have to tell you, there's no breakthroughs to report this evening. the meeting at the white house lasted about an hour and 45 minutes. i'm told from congressional sources that the focus was largely on the framework that had kind of been identified and come to pass in the biden talks. these are talks that were bipartisan talks that lasted for weeks and fell apart. republicans
" continues right now. >>> i'm kiran chetry. rupert murdoch's media empire under fire. his reporters how accused of illegally invading the privacy of britain's former prime minister as this hacking scandal widens. we're live from london ahead. >> i'm ali velshi. much of the country literally feeling the heat and relief from the summer scotcher may be days away on this "american morning." >>> and good morning to you. thanks so much for being with us on this "american morning." it's tuesday, july 12th. christine has the morning off. >> we've got a lot of news this morning, including some breaking news out of afghanistan. >> that's right. we begin there where afghan president hamid karzai's half brother was found shot to death at his home. ahmed wali karzai was the provenÇal council chief of kandahar. he suffered gunshot wounds to his head and chest according to hospital officials. a spokesman for kandahar's government said a guard killed karzai. the taliban says -- >> we've seen the worst so far. excessive heat warnings and advisories posted in 23 states. the heat in many areas could reac
yesterday rupert murdoch, his son james, and top british executive for news corp, rebekah brooks, were in front of the committee. of course, there's the prime minister, david cameron facing the single biggest crisis in his 15 months as prime minister. we have been watching the spectacle. is cameron's leadership really under threat here? >> reporter: well, it certainly is being tested to the absolute limit. yesterday it was rupert and james murdochs time to be grilled, and now it's cameron's day to face the music, and he was asked repeatedly in his decision to hire andy coulson, and now coulson has been arrested as part of the investigation. let's hear what he said. >> he says in hindsight he made a mistake by hiring mr. coulson. that is not good enough. it's not about hindsight, mr. speaker, or whether or not he was lied to, but it's about the information and warnings that the prime minister ignored. he was warned, and he preferred to ignore the warnings. >> the prime minister says he wasn't warned, and he never received those warnings. he said he will say sorry for hiring andy koulson
. tonight's britain's tabloid scandal escalates. two rupert murdoch-owned newspapers obtained and published information about prime minister gordon brown's family and finances. and tensions between the united states and syria, near a boiling point tonight. a government that beats its own people when they march peacefully slow to offer help when the united states embassy sund attack. >>> tonight the united states being unable to pay its bills because it's maxed out its credit line. to get more spending power president obama is trying to broker a deal with congress that would slash $2 trillion in red ink over the next decade. republicans refuse to raise taxes. president obama is left to sound like a nagging parent. no breakthrough at this afternoon's white house session. the president will reconvene the talks tomorrow. let's discuss the stakes and politics with jessica yellin and gloria borger. the sound we didn't quite have there was the time saying it's time to rip off the band-aid, eat our peas. he spent a half hour with the key negotiators in the room. what happened today? any progress? >
allegations against rupert murdoch's media empire. claiming the tabloid "the sun" improperly obtained information years ago about gordon brown's seriously ill son and published a story about him. brown says he's shocked by the allegations and the matter is in police hands. >>> this comes a day after the "news of the world" another murdoch tabloid sold its last issue. shut down amid accusations its reporters illegally listened to voice mails of terrorist victims, politicians and celebrities. >>> and anderson, happier news tied to a british power couple. victoria and david beckham are the proud new parents of a girl names harper seven. a close friend of theirs told us this seven was picked because it's a lucky number and the baby was born just after 7:00 a.m. on the seventh month. they say seven was also dad easi's jersey number when he played socker. >> i like it. >> i don't know if i want to be named after my dad's jersey. >> who am i to talk about names. i have the name of a 18th century law firm. >> dignified, it matches the grey hair. >> well i had nothing to do with it. >>> time f
Search Results 0 to 14 of about 15